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5.55 1. Received $1,000 cash for services performed during July 2. Received $5,700 cash from the issuance of common stock to owners. 3. Received
5.55 1. Received $1,000 cash for services performed during July 2. Received $5,700 cash from the issuance of common stock to owners. 3. Received $500 from a customer as payment for services performed during June. 4. Billed $3,800 to customers for services performed on account in July. 5. Borrowed $2,700 from the bank and signed a promissory note. 6. Received $1,300 from a customer for services to be performed during August. As a result of these transactions, what is the amount of the increase to the Cash account? Multiple Choice $2,800 0 $8,000 $15,000 $11,200 E
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